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Pound climbs to €1.20 13:44 - Feb 21 with 13315 viewsloftboy

Good time to start getting your holiday money together, last year when I went to Rhodes it was almost parity.
[Post edited 21 Feb 2020 13:44]

favourite cheese mature Cheddar. FFS there is no such thing as the EPL
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Pound climbs to €1.20 on 20:38 - Feb 25 with 2761 viewsessextaxiboy

Pound climbs to €1.20 on 19:27 - Feb 25 by derbyhoop

There was always going to be a squabble over the EU budget, with or without UK contributions. Countries that have benefited over the previous 7 years aren't going to want to reduce/reverse the benefits. Nor, are the net contributors keen to increase when they see so many beneficiary countries growing economically.
Varadkar lost the Irish GE due to Irish domestic issues - not his stance over Brexit.
There's no doubt that the UK economy has performed better than expected since 2016, especially the unemployment rate. But growth is anemic (also in EU), productivity is poor and, relatively, getting worse. Business investment has fallen. The last 2 are probably related.
The full effects of quitting the EU are unlikely to be revealed as dramatic shocks. Even Honda closing Swindon barely caused a ripple. However, as a Remainer, I think there will be slow, steady decline in the UK economy - relative to the rest of the EU. It was economics that was my main reason for voting Remain. And, if the economy doesn't work, you don't have the monies to invest in public services.
Short term movements in the currency do not affect many people. Unless you earn in £ and spend in Euros (like me) or your income is £ related (my pension). If the £/Euro rate was the same as on 22 June 2016, I'd be 100 Euros per month better off.


Honda closing Swindon was a direct result of a trade agreement between Japan and the EU . They can manufacture at home or more likely in China .
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Pound climbs to €1.20 on 16:49 - Feb 28 with 2615 viewsdannyblue

Below €1.17 now, so what does that mean for the OP?
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Pound climbs to €1.20 on 17:05 - Feb 28 with 2571 viewsPommyhoop

Pound climbs to €1.20 on 16:49 - Feb 28 by dannyblue

Below €1.17 now, so what does that mean for the OP?


Well it could mean things rise and fall like they always have done and always fukin will. And people are sick to the back teeth of project fukin fear c*nts like that Manc C*nt Terry whatsisname..

I aint read one post on here apart from the OP's and yours.

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Pound climbs to €1.20 on 18:21 - Feb 28 with 2481 viewsericgen34

Pound climbs to €1.20 on 16:49 - Feb 28 by dannyblue

Below €1.17 now, so what does that mean for the OP?


It means it's pay day...
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Pound climbs to €1.20 on 18:25 - Feb 28 with 2471 viewsWatford_Ranger

Pound climbs to €1.20 on 16:49 - Feb 28 by dannyblue

Below €1.17 now, so what does that mean for the OP?


1.50 by June apparently. No worries.
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Pound climbs to €1.20 on 18:53 - Feb 28 with 2436 viewsNorthernr

Just to say, we're absolutely not having a fcking thread where remainers and Brexiters take turns to pile in with 'I told you so' everytime the fcking pound moves 3p in their direction.

This post has been edited by an administrator
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Pound climbs to €1.20 on 19:01 - Feb 28 with 2415 viewsBucksRanger

5p?
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Pound climbs to €1.20 on 19:01 - Feb 28 with 2409 viewsNorthernr

Pound climbs to €1.20 on 19:01 - Feb 28 by BucksRanger

5p?


Get out.

I mean it. Go on.
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Pound climbs to €1.20 on 19:17 - Feb 28 with 2358 viewsPommyhoop

Pound climbs to €1.20 on 18:53 - Feb 28 by Northernr

Just to say, we're absolutely not having a fcking thread where remainers and Brexiters take turns to pile in with 'I told you so' everytime the fcking pound moves 3p in their direction.

This post has been edited by an administrator


What I said...
"Honored...

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Pound climbs to €1.20 on 22:25 - Feb 28 with 2248 viewsloftboy

Pound climbs to €1.20 on 16:49 - Feb 28 by dannyblue

Below €1.17 now, so what does that mean for the OP?


My beer will be 2p dearer!!

favourite cheese mature Cheddar. FFS there is no such thing as the EPL
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Pound climbs to €1.20 on 22:57 - Feb 28 with 2192 views2Thomas2Bowles

Brexit is nothing compared to the problems of Homelessness and drugs that are escalating into crisis

When willl this CV nightmare end
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Pound climbs to €1.20 on 23:17 - Feb 28 with 2190 viewsBoston

Pound climbs to €1.20 on 22:57 - Feb 28 by 2Thomas2Bowles

Brexit is nothing compared to the problems of Homelessness and drugs that are escalating into crisis


I consider your drug issues to be a decade behind the US. I regret to say that many, many decent people will have their lives ended or ruined by addiction.

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Pound climbs to €1.20 on 23:46 - Feb 28 with 2156 views2Thomas2Bowles

Pound climbs to €1.20 on 23:17 - Feb 28 by Boston

I consider your drug issues to be a decade behind the US. I regret to say that many, many decent people will have their lives ended or ruined by addiction.


Decade behind the US.

Sure in both.

LA is a clear vision of where we are headed on homelessness.
.

When willl this CV nightmare end
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Pound climbs to €1.20 on 02:48 - Feb 29 with 2140 viewsBostonR

Pound climbs to €1.20 on 23:46 - Feb 28 by 2Thomas2Bowles

Decade behind the US.

Sure in both.

LA is a clear vision of where we are headed on homelessness.
.


I live in the US for part of the year and yes they do have their issues. The big battleground is now Trump and Sanders who is making headway on a small socialist agenda particularly on healthcare. Folks in the US realise that some form of single-payer system could work. Having said that the US is still so economically strong and they love their money and their guns.
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Pound climbs to €1.20 on 21:54 - Mar 2 with 1980 viewsderbyhoop

OP not aged well.
Big difference between 21 Feb and tonight below 1.15.

Wonder what happened in the intervening period?

"Travel is fatal to prejudice, bigotry and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the Earth all one's lifetime." (Mark Twain) Find me on twitter @derbyhoop and now on Bluesky

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Pound climbs to €1.20 on 23:44 - Mar 2 with 1876 viewsloftboy

Pound climbs to €1.20 on 21:54 - Mar 2 by derbyhoop

OP not aged well.
Big difference between 21 Feb and tonight below 1.15.

Wonder what happened in the intervening period?


Coronavirus must have had some effect I reckon. Possibly coinciding with the start of the trade talks, anyhow I hope people took my earlier recommendation and bought at €1.20

favourite cheese mature Cheddar. FFS there is no such thing as the EPL
Poll: Are you watching the World Cup

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Pound climbs to €1.20 on 00:18 - Mar 3 with 1840 viewsLythamR

Pound climbs to €1.20 on 23:44 - Mar 2 by loftboy

Coronavirus must have had some effect I reckon. Possibly coinciding with the start of the trade talks, anyhow I hope people took my earlier recommendation and bought at €1.20


Trade talks. anticipation based on the language coming out from both sides that UK is more likely to leave without an effective deal
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Pound climbs to €1.20 on 08:09 - Mar 3 with 1776 viewsTheChef

Things go up.

Things go down.

And so on.

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Pound climbs to €1.20 on 08:30 - Mar 3 with 1747 viewsRangersDave

Pound climbs to €1.20 on 08:09 - Mar 3 by TheChef

Things go up.

Things go down.

And so on.


i tell that to my missus every ''beer night' ;-)

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Pound climbs to €1.20 on 20:29 - Mar 16 with 1527 viewsderbyhoop

I hope that, if you could, you followed Loftboy's advice.
Tonight the rate was 1.0982. A sign that my pension is payable tomorrow. In Euros.

"Travel is fatal to prejudice, bigotry and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the Earth all one's lifetime." (Mark Twain) Find me on twitter @derbyhoop and now on Bluesky

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Pound climbs to €1.20 on 21:01 - Mar 16 with 1424 viewsloftboy

Pound climbs to €1.20 on 20:29 - Mar 16 by derbyhoop

I hope that, if you could, you followed Loftboy's advice.
Tonight the rate was 1.0982. A sign that my pension is payable tomorrow. In Euros.


Yep saw that, if the whole world is currently in meltdown then why has the pound bombed, surely all currencies would act the same in infected areas? This is probably why I drive a van for a living and don’t work in finance!!

favourite cheese mature Cheddar. FFS there is no such thing as the EPL
Poll: Are you watching the World Cup

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Pound climbs to €1.20 on 21:10 - Mar 16 with 1407 viewsDavieQPR

Shows how fed up people are. It's $1.23 now.
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Pound climbs to €1.20 on 23:01 - Mar 16 with 1299 viewstimcocking

The bloody pound is still worth half it's value from a decade back over here, absolutely catastrophic.
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Pound climbs to €1.20 on 12:45 - Mar 17 with 1085 viewsderbyhoop

I try to follow the exchange rate. As an estate agent in France, both our regular personal income is in Euros and many of our clients are coming from the UK and need to transfer money to pay for a French house, it has a very profound effect.
The only thing I can think is the recent rate cut by the BOE, where ECB didn't cut. And the coronavirus is likely to have a greater effect in the UK than it will across Europe. The latter doesn't seem too plausible, unless the markets are unimpressed by the Govt response.

"Travel is fatal to prejudice, bigotry and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the Earth all one's lifetime." (Mark Twain) Find me on twitter @derbyhoop and now on Bluesky

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Pound climbs to €1.20 on 15:05 - Mar 17 with 993 viewsJimmyR

Pound climbs to €1.20 on 21:01 - Mar 16 by loftboy

Yep saw that, if the whole world is currently in meltdown then why has the pound bombed, surely all currencies would act the same in infected areas? This is probably why I drive a van for a living and don’t work in finance!!


Demand for dollars goes up when there is a big sell off of shares - its 'seen' as a safe haven currency - So less pounds and euros are demanded as large institutional investors demand more and more dollars or at least dollar denominated assets
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